Herzing University-Minneapolis
St. Louis Park, Minnesota · Private Nonprofit · 93.8% acceptance rate
ROI Score: 16/100 · Below Benchmark
Data: 2024-25 College Scorecard release
Herzing University-Minneapolis earns a 16 ROI score and the Below Benchmark tier rating, a result driven by chronically weak schoolwide outcomes despite individual program strength in nursing. Tuition is $13,450 with a net price of $16,670 - notably above sticker, reflecting how full COA outstrips institutional aid. Four-year cost lands at $66,680. Average earnings six years out are $30,100, climbing only to a median $36,909 by year ten - producing a near-zero 2.9 percent earnings premium and a 108-year payback period flag (effectively meaning typical earnings don't recoup costs). Median debt of $21,500 against earnings produces a 0.714 debt-to-earnings ratio. The 46.7 percent completion rate is weak. The repayment rate is 45.2 percent, suggesting more than half of borrowers are not making meaningful progress. Schoolwide outcomes are weak even though the nursing pipeline produces strong individual earnings. Herzing is a workforce-applied private whose program-level outliers don't compensate for systemic completion and repayment problems.
How Herzing University-Minneapolis scores under our methodology
These are the College Scorecard measures that pull this school's CampusROI score down. They describe the published figures, not the quality of the education, and they are our reading of the data. Check them against your own aid offer and intended major.
- ROI Score16/100 - Below Benchmark tier of our scale (below 45). For context, 38% of the schools we score reach 60 or higher.
- Payback period>50 years - In our estimate, the earnings premium over a high school completer is small next to the cost, so the cost may not be recouped within a working career.
Herzing University-Minneapolis
Quick Numbers
| In-state tuition + fees | $13,450/yr |
| Out-of-state tuition + fees | $13,450/yr |
| Average net price | $16,670/yr |
| Total 4-year cost (net) | $66,680 |
| Median earnings (10yr post-entry) | $36,909 |
| Average earnings (6yr post-entry) | $30,100 |
| Median debt at graduation | $21,500 |
| Estimated monthly loan payment | $228 |
| Estimated payback period | >50 years |
| 6-year graduation rate | 46.7% |
| Undergraduate enrollment | 740 |
Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).
The Full Financial Picture
The first number you'll see is the sticker price: $13,450/year, which covers tuition and fees only. The net price counts books, supplies, and average living costs on top of tuition and fees, then subtracts grants and scholarships. For the average student here it comes to $16,670/year, or roughly $66,680 over four years. That's the number to plan around.
What you actually pay depends a lot on what your family earns. Families making under $30,000/year pay an average of $15,304/year here, while families earning over $110,000 pay $24,347/year.
Among graduates who borrowed, the median federal loan debt from this school is $21,500, which works out to about $228 a month on the standard 10-year repayment plan. Our debt-to-earnings ratio divides that debt by average earnings six years after entry ($30,100) and comes to 0.71, under 1.0, meaning median debt is less than a full year of those earnings.
Net Price by Family Income
What families actually pay after grants and scholarships, by income bracket.
| Family Income | Avg Net Price/Year |
|---|---|
| $0 - $30,000 | $15,304 |
| $30,001 - $48,000 | $15,821 |
| $48,001 - $75,000 | $15,433 |
| $75,001 - $110,000 | $22,492 |
| $110,001+ | $24,347 |
Cost by Income Bracket Explained
Lower-income families (under $30K)
Lowest-income families pay $15,304 net annually - with the $30,001-$48,000 bracket actually paying slightly more at $15,821, a mild inversion. The $48K-$75K tier drops to $15,433. Roughly $61,000 over four years for Pell-eligible students against $30K six-year earnings is a heavy debt risk that the school's overall data don't justify. The nursing pipeline is the primary path to positive ROI for low-income students.
Middle-income families ($30K-$110K)
Middle-income brackets pay $15,821 ($30K-$48K), $15,433 ($48K-$75K), and $22,492 ($75K-$110K) - the upper-middle tier sees a sharp jump. The non-monotonic pattern is unusual. Annual costs are reasonable at the lower-middle bands but climb sharply at the upper-middle threshold.
Higher-income families ($110K+)
Higher-income families pay $24,347 net annually, or roughly $97K over four years. Median 10-year earnings are $36,909, and the payback is flagged at 108 years.
Earnings by Major
Top 8 most popular majors at Herzing University-Minneapolis with available earnings data.
| Major | Median Earnings | Grade |
|---|---|---|
| Registered Nursing | $91,010 | C |
| Dental Support Services | $73,741 | C |
| Health and Medical Administrative Services | $51,098 | F |
| Accounting | $54,345 | - |
| Criminal Justice and Corrections | $69,601 | B |
| Business Administration, Management, and Operations | $66,379 | D |
| Legal Support Services | $33,315 | - |
| Computer Programming | $78,404 | C |
Earnings reflect median 4-year post-completion (or 1-year where 4-year unavailable). Grades based on debt-to-earnings ratio.
Program Analysis
Why these programs deliver their earnings outcomes.
Registered Nursing
Registered Nursing is Herzing's flagship program with 118 graduates, posting strong first-year earnings of $75,774 climbing to $91,010 by year four. However, median debt of $43,985 is unusually heavy and produces a 0.58 debt-to-earnings ratio and only a C ROI grade. The strong earnings are partially offset by the high program-level debt; nursing here is a positive ROI choice. Twin Cities healthcare absorption is strong.
Dental Support Services
Dental Support Services graduates 35 students with $58,912 first-year and $73,741 four-year earnings. Median debt of $35,117 produces a 0.596 debt-to-earnings ratio and a C ROI grade. Twin Cities dental practice support roles are a real career market, but as with nursing, the program-level debt drags an otherwise solid earnings story.
Health and Medical Administrative Services
Health Administration graduates 11 students with $39,231 first-year and $51,098 four-year earnings against median debt of $47,375 - producing a 1.208 debt-to-earnings ratio and an F ROI grade. The numbers reflect a clear pattern: borrowing exceeds the cost-recovery curve in this program. Students should look at community-college pathways into health admin at far lower cost.
Business Administration, Management, and Operations
Business Administration reports 1 graduate with $52,469 first-year and $66,379 four-year earnings against median debt of $46,792 - producing a 0.892 debt-to-earnings ratio and a D ROI grade. The thin sample size limits confidence, but the heavy program-level debt against modest earnings is consistent with the school's broader pattern.
How Graduates Do
Earnings
Loan Repayment
| Metric | This School | Median of schools we score |
|---|---|---|
| 1-year repayment | 39.0% | 68.8% |
| 3-year repayment | 45.2% | 73.6% |
| 5-year repayment | 32.6% | 67.7% |
| 7-year repayment | 42.1% | 72.8% |
Completion Rate
Trends Over Time
How Herzing University-Minneapolis’s cost and outcomes have moved across College Scorecard releases (2009-2024).
Average Net Price
Completion Rate
Median Earnings, 10 Years After Entry (as reported)
Earnings reflect borrowers measured 10 years after entry and publish on an irregular cadence with a multi-year reporting lag, so this series shows only the years the Department of Education reported - the data is never interpolated.
Source: U.S. Department of Education College Scorecard, release years shown. Net price and completion are reported annually.
Admissions Snapshot
| Acceptance rate | 93.8% |
| Enrollment | 740 |
| Pell Grant recipients | 56.7% |
| Avg faculty salary (monthly) | $7,450 |
Herzing-Minneapolis admits 93.8 percent of applicants - effectively open enrollment. SAT and ACT data are not reported in current Scorecard data, consistent with test-blind admissions. The 46.7 percent completion rate is weak relative to the access profile, reflecting the challenges of serving a heavily nontraditional, working-adult, and online-leaning student population. Prospective students should plan for completion realistically and budget for the time-to-degree implications.
Compared to Similar Schools
Peer institutions matched by type, size, and selectivity.
| School | ROI | Net Price | 10yr Earnings |
|---|---|---|---|
| Herzing University-Minneapolis (this school) | 16 | $16,670 | $36,909 |
| DeVry University-Georgia | 20 | $28,229 | $45,987 |
| DeVry University-Virginia | 18 | $36,609 | $45,987 |
| Full Sail University | 13 | $38,875 | $38,219 |
| Strayer University-Virginia | 11 | $19,578 | $40,092 |
| Strayer University-Tennessee | 11 | $11,645 | $40,092 |
Head-to-Head ROI Comparisons
See Herzing University-Minneapolis side by side with similar schools on ROI, cost, earnings, and debt.
Who Thrives Here
Herzing-Minneapolis fits adult learners and career-changers in the Twin Cities seeking workforce-applied credentials - particularly nursing, dental support, and health-administration roles. Enrollment is small at 740 undergraduates and Pell rate runs 56.7 percent, indicating a heavily working-class and lower-income student body. Strongest student outcomes flow to the nursing pipeline; outside healthcare, the data are concerning. Students should narrow program selection sharply and aggressively minimize borrowing.
The Verdict: Below Benchmark Under Our Scoring
Under our methodology, Herzing University-Minneapolis scores 16/100, which falls in the Below Benchmark tier (below 45). At a net price of $16,670 per year, with typical graduate earnings of $36,909 ten years after entry, we estimate the payback period at more than 50 years. In our view that makes the financial case a hard one to make on the numbers alone, but those numbers are averages: your major, your aid package and what you want from a degree all change the picture, so run your own numbers before you commit.
What to keep an eye on: weak earnings relative to cost, its 46.7% graduation rate, a debt-to-earnings ratio of 0.71 (median across the schools we score: 0.61), a three-year loan repayment rate of 45.2% (median across the schools we score: 73.6%), a long payback period.
Median debt of $21,500 among graduates who borrowed, against average earnings of $30,100 six years after entry, gives a debt-to-earnings ratio of 0.71. That is under 1.0 (a full year of those earnings); the median across the schools we score is about 0.61. Your major - and how much you borrow - really matters.
Herzing University-Minneapolis: Common Questions
Is Herzing University-Minneapolis worth it?
In our view, the financial case is a hard one to make on the numbers alone. Herzing University-Minneapolis scores 16/100 on our ROI scale, in the Below Benchmark tier (below 45). At $16,670 a year after aid against $36,909 in typical earnings ten years out, we estimate the payback period at more than 50 years. Your major and aid package can change the picture, so run your own numbers.
How much does Herzing University-Minneapolis cost after financial aid?
The average net price - the cost of attendance (tuition, fees, books, supplies and average living costs) minus grants and scholarships, for full-time, first-time students receiving federal aid - is about $16,670 a year, or roughly $66,680 over four years. Because it counts living costs, it can run above tuition alone. That is the number to plan around. Actual cost varies by family income, per the U.S. Department of Education's College Scorecard.
What do Herzing University-Minneapolis graduates earn?
The typical graduate earns about $36,909 ten years after enrolling, at or below the $41,800 median for high-school graduates (NCES, 2022). With little earnings gap to cover the cost, the financial return is hard to make.
How long does it take to pay off Herzing University-Minneapolis?
We estimate the payback period - the time it takes for the earnings bump over a high-school graduate to cover what you spent - at more than 50 years for Herzing University-Minneapolis. The median across the schools we track is about 12 years.
How much debt do Herzing University-Minneapolis graduates take on?
Among graduates who borrowed, median federal loan debt from this school is about $21,500, against average earnings of $30,100 six years after entry - a debt-to-earnings ratio of 0.71. That is under 1.0 (a full year of those earnings); the median across the schools we score is about 0.61. How much you borrow really matters.
What is the graduation rate at Herzing University-Minneapolis?
The six-year graduation rate is 46.7%. The national average for four-year schools is 64% (NCES, 2022). Completion is 15% of our ROI score, since a degree you don't finish rarely pays back.
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Data: College Scorecard API (U.S. Department of Education)
Vintage: 2024-2025 · Last updated: 2026-03-25
Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.